SELL BTCUSD – 89211.89

BTCUSD

Trade ID: btcusdsell202601232045 | Execution: 231770
Status
LOST
Direction
SELL
Entry Price
89211.89
Targets Hit
0 / 3

Trade Levels

Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
89211.89
0
Filled
Jan 23, 2026 8:48 PM
Stop Loss
89711.89
500
HIT
2026-01-24 03:11:00
Take Profit 1
88811.89
400
Not Hit
-
Take Profit 2
88461.89
750
Not Hit
-
Take Profit 3
87961.89
1250
Not Hit
-

Trade Analysis

Strategy & Reasoning
Strategy
Trend Following
Reason
Bearish trend alignment on all timeframes with a clear round-number rejection pattern (explosive rejection at 89300) and strong negative momentum (OBV and MACD). High volatility NY session supports rapid TP1 achievement.
Details

We are executing a sell on BTCUSD due to a strong confluence of bearish technical signals. The Daily, 4H, and 1H timeframes are all aligned bearish, with price trading below key EMAs (20, 50, 200) and momentum indicators (MACD, RSI) showing negative bias. The 15-minute chart reveals a smart money pattern: an explosive rejection at the round number resistance of 89300, followed by a break of the immediate support and a continuation in selling pressure. This is supported by negative On-Balance Volume (OBV) and MACD on the 1-minute data, confirming seller dominance. While news sentiment is neutral, the technical setup is robust. The trade targets a 31-pip move to TP1, which is achievable given the 1h ATR of 77 pips and the active NY session volatility. The stop loss is set just above the recent rejection high (89250) to minimize risk while allowing for standard market noise.

Confluence Metrics

Technical & Fundamental Analysis Scores
Technical Confluence
Multi-timeframe bearish alignment: Daily, 4H, 1H all below EMAs; MACD and RSI negative across all
Fundamental Sentiment
Neutral (0% sentiment): No high-impact BTC news within 4 hours; recent news is general macro (Dollar weakness, Davos) without direct crypto catalysts
Confidence Score
95
Trade Conviction
High
Reasoning Completeness
High
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